ProShares Short Dow30 (NYSEARCA:DOG) Stock Price Down 0.4% – Here’s What Happened

ProShares Short Dow30 (NYSEARCA:DOG)’s share price were down 0.4% during mid-day trading on Monday . The stock traded as low as $24.39 and last traded at $24.46. Approximately 4,566,372 shares were traded during trading, an increase of 153% from the average daily volume of 1,802,866 shares. The stock had previously closed at $24.56.

ProShares Short Dow30 Trading Down 0.4%

The stock’s 50-day simple moving average is $24.28 and its 200 day simple moving average is $25.23.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of DOG. Union Bancaire Privee UBP SA bought a new position in ProShares Short Dow30 in the 2nd quarter valued at about $25,000. JPMorgan Chase & Co. grew its position in shares of ProShares Short Dow30 by 11,700.0% in the second quarter. JPMorgan Chase & Co. now owns 1,180 shares of the company’s stock valued at $30,000 after purchasing an additional 1,170 shares during the last quarter. Headlands Technologies LLC bought a new position in shares of ProShares Short Dow30 during the second quarter worth approximately $33,000. BNP Paribas Financial Markets bought a new position in shares of ProShares Short Dow30 during the third quarter worth approximately $74,000. Finally, Simplex Trading LLC acquired a new stake in ProShares Short Dow30 during the 1st quarter worth approximately $284,000.

About ProShares Short Dow30

ProShares Short Dow30 (the Fund), formerly Short Dow30 ProShares, seeks daily investment results that correspond to the inverse daily performance of the Dow Jones Industrial Average (DJIA). The DJIA is a price-weighted index maintained by editors of The Wall Street Journal. The DJIA includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies.